APR vs APY

[@oletramekaf5603]

FINALLY a good video about APR and APY. Thank you!

[@besarajruli1671]

Thank you for the explenation, i only have a question, theoretically you are right about daily compounding, but the problem is, would it maybe be better to not compound daily, in case the fees would make the gains lower? Or would i perhaps make more even compounding daily? Thank you for the answer

[@yamiyugi0420]

you make more compounding daily

[@gitali]

Thanks for this explanation! Helped me a lot!

[@hinkhall5291]

If that 1000 were a million that would be pretty significant.

[@lush11418]

Are those called transaction?

[@xbora1317]

this is interesting to learn

[@marianagoncalvesolsman8992]

Thank you!!

[@paladorean]

Only compare to daily and semiannually, still didn't explain apy and apr.

[@ericridgeway3834]

So if you left it for 10 year you make 340 of 1000. That sucks.

[@KidaleSmith]

I'm leaving more confused than I was before clicking 😭

[@scab3045]

I swear I fucking hate that we over complicate things more than we have too..